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Chapter 7. The Purpose of Trade Agreements
Grossman, G.M. - 2016
In this chapter, I review the literature on governments’ motivations for negotiating and joining international trade agreements. I discuss both normative explanations for trade agreements and explanations based on political-economy concerns. Most of the chapter focuses on the purpose of...
Persistent link: https://www.econbiz.de/10014023443
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Multilateralism and regionalism from an American perspective: Parallels and contrasts with the Langhammer vision
Hufbauer, Gary Clyde - In: Economics - The Open-Access, Open-Assessment E-Journal 7 (2013), pp. 1-18
this backdrop, Hufbauer expects regionalism to become the strongest vehicle for delivering liberalization in the future …
Persistent link: https://www.econbiz.de/10010954745
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Challenges to the multilateral trading system and possible responses
Panagariya, Arvind - In: Economics - The Open-Access, Open-Assessment E-Journal 7 (2013), pp. 1-25
This paper develops three major themes. First, the atmosphere of gloom around the multilateral trading system due to dim prospects of a successful conclusion of the Doha Round notwithstanding, global trade regime remains open and the institution in charge of it, the World Trade Organization, is...
Persistent link: https://www.econbiz.de/10010954760
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The 'Emulator Effect' of the Uruguay Round on US Regionalism
Fugazza, Marco; Robert-Nicoud, Frédéric - C.E.P.R. Discussion Papers - 2010
Using a detailed data set at the tariff line level, we find an emulator effect of multilateralism on subsequent …
Persistent link: https://www.econbiz.de/10008468716
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Multilateralising Regionalism: Spaghetti Bowls as Building Blocs on the Path to Global Free Trade
Baldwin, Richard - C.E.P.R. Discussion Papers - 2006
forces might drive them, and what the WTO might do to guide them. Two facts form the point of departure: 1) Regionalism is … multilateralisation of regionalism. The paper presents the political economy logic of trade liberalisation and uses it to structure a … building blocs – whereby offshoring creates a force that encourages the multilateralisation of regionalism. Finally, the paper …
Persistent link: https://www.econbiz.de/10005067492
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Big-Think Regionalism: a Critical Survey
Baldwin, Richard - C.E.P.R. Discussion Papers - 2008
Economic thinking on regionalism has traditionally focused on the Vinerian question: Would a nation gain from joining a … trade bloc? Since 1991, "Big Think Regionalism" considers the broader question of regionalism’s impact on the world trading … system focusing on two questions: Does spreading regionalism harm world welfare? and Does regionalism help or hinder …
Persistent link: https://www.econbiz.de/10005666948
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Trade and economic effects of IRC : further empirical evidence from SPS and TBT provisions
Disdier, Anne-Célia; Stone, Susan F.; Tongeren, Frank … - 2019
Cutting trade costs, especially those stemming from non-tariff measures, is a growing priority for policy makers. One way to achieve this is for countries to improve their co-operation on regulatory matters. An avenue open to governments is to include provisions related to international...
Persistent link: https://www.econbiz.de/10011998966
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Quantitative evidence on transparency in regional trade agreements
Lejárraga, Iza; Shepherd, Ben - 2013
What influences the adoption of transparency obligations in trade agreements, and what are its effects? This paper uses a new dataset on transparency provisions in over a hundred regional trade agreements (RTAs) to provide empirical evidence of the political economy determinants of international...
Persistent link: https://www.econbiz.de/10009775462
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Regionalism or multilateralism : evidence from India
Kathjoo, Umar Nisar; Fazili, Asif Iqbal - In: South Asia economic journal : journal of the Institute … 23 (2022) 2, pp. 123-144
Persistent link: https://www.econbiz.de/10013387300
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Embracing Diversity: Plurilateral Agreements and the Trading System
Hoekman, Bernard; Mavroidis, Petros C - C.E.P.R. Discussion Papers - 2014
Plurilateral agreements in the WTO context allow sub-sets of countries to agree to commitments in specific policy areas that only apply to signatories, and thus allow for ‘variable geometry’ in the WTO. Current WTO rules make it much more difficult to pursue the plurilateral route than to...
Persistent link: https://www.econbiz.de/10011084054